VeChain

Terra Classic

Dogecoin

Elon Musk

<div class="watcher-guru">
 <p>The cryptocurrency market turned towards the red this week after Bitcoin fell below the $40,000 mark. BTC rallied early this year reaching a high of $48,500 after the SEC approved the Bitcoin ETF. 11 top financial institutions including BlackRock and Greyscale took an entry position into BTC worth billions of dollars. However, the BTC ETF frenzy has now come to an end and Bitcoin is trading at the $39,800 level.</p>
 <p><strong>Also Read: Shiba Inu: AI Predicts SHIB To Rise 250% in 2024</strong></p>
 <p>This puts the broader <a rel="noopener noreferrer nofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> market on the back foot as several other altcoins and meme coins remain the the red. In this article, we will highlight the top 3 coins to avoid trading this month in the <a rel="noopener noreferrer nofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> markets.</p>
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 <h2 class="wp-block-heading" id="h-3-coins-to-avoid-trading-in-the-cryptocurrency-market-this-month">3 Coins To Avoid Trading in the Cryptocurrency Market This Month</h2>
 <ol>
  <li><strong>Terra Classic (LUNC)</strong></li>
 </ol>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="terra luna lunc do kwon" class="wp-image-54275 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp" data-src-webp="https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp.webp 1280w" data-srcset-img="https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 1280w" data-eio="j">
  <noscript><img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp" alt="terra luna lunc do kwon" class="wp-image-54275" srcset="https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/bbf440b77bcf282cb810e5beb7a93d8d.webp 1280w" sizes="(max-width: 1024px) 100vw, 1024px">
  </noscript>
  <figcaption class="wp-element-caption">
   Source: Crypto Today Info
  </figcaption>
 </figure>
 <p>Investing in Terra Classic (<a rel="noopener noreferrer nofollow" title="LUNC" href="https://thebittimes.com/tag/lunc.html">LUNC</a>) is currently the most dangerous step to take in the <a rel="noopener noreferrer nofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> market. The founder of the collapsed Terraform Labs and Altcoin (LUNA) Do Kwon has declared bankruptcy in Delaware. Do Kwon is facing trial and is currently in prison for all his wrongdoings in the collapse of LUNA. Therefore, <a rel="noopener noreferrer nofollow" title="LUNC" href="https://thebittimes.com/tag/lunc.html">LUNC</a> has more chances of heading south this month due to the trial and the exposure of bad press. It is advised to not take an entry position into <a rel="noopener noreferrer nofollow" title="LUNC" href="https://thebittimes.com/tag/lunc.html">LUNC</a> currently as the ongoing developments might bring its price down.</p>
 <p><strong>Also Read: Shiba Inu: 3 Things Are Stopping SHIB From Hitting $0.01</strong></p>
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 <ol start="2">
  <li><strong>VeChain (VET)</strong></li>
 </ol>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="538" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="VeChain (VET): Price Prediction For September 2023" class="wp-image-92620 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp" data-src-webp="https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp.webp 1200w" data-srcset-img="https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 1200w" data-eio="j">
  <noscript><img decoding="async" width="1024" height="538" src="https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp" alt="VeChain (VET): Price Prediction For September 2023" class="wp-image-92620" srcset="https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/b24529f99678734bf7dd2120cb5b3ed3.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  </noscript>
  <figcaption class="wp-element-caption">
   Source: CryptoSlate
  </figcaption>
 </figure>
 <p><a rel="noopener noreferrer nofollow" title="VeChain" href="https://thebittimes.com/tag/vechain.html">VeChain</a> (<a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a>) has barely printed profits since last year and remains on a downward spiral for more than 12 months. Investors who took an entry position anytime in 2023 are sitting with losses with no hopes of a rally. <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> is unable to delete its zero and is struggling to climb up in the charts. <a rel="noopener noreferrer nofollow" title="VET" href="https://thebittimes.com/tag/vet.html">VET</a> has not attracted buying pressure this year despite the Bitcoin ETF approval. Therefore, nothing else could make Its price scale up in the charts. It’s best left to avoid <a rel="noopener noreferrer nofollow" title="VeChain" href="https://thebittimes.com/tag/vechain.html">VeChain</a> as the supply chain-based coin has more downturn in the coming days.</p>
 <p><strong>Also Read: Warren Buffet’s Dividend Stock Down 42%: Should You Buy It in 2024?</strong></p>
 <ol start="2">
  <li><strong>Dogecoin (DOGE)</strong></li>
 </ol>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp" alt="Dogecoin: How High Can DOGE Go After X Payment Integration?" class="wp-image-125686" srcset="https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 1024w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 300w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 768w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 1536w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 380w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 550w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 800w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 1160w, https://cdn.thebittimes.com/images/2024/01/24/1d23b753fdcd9db255ae7591612e92b2.webp 1792w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Watcher Guru
  </figcaption>
 </figure>
 <p><a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> (DOGE) is among the worst-performing cryptocurrencies of 2023 and is carrying the same in 2024. DOGE has barely rallied in the last 18 months despite Tesla CEO Elon Musk tweeting multiple times about it. The meme coin’s fame has fizzled out and investors don’t seem interested in DOGE. It no longer attracts bullish sentiments making DOGE among the cryptocurrencies to be avoided.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>cryptocurrency</li>
  <li>Dogecoin</li>
  <li>LUNC</li>
  <li>VeChain</li>
  <li>VET</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cryptocurrency-3-coins-to-avoid-trading-this-month-tbt77535.html">https://thebittimes.com/cryptocurrency-3-coins-to-avoid-trading-this-month-tbt77535.html</a></p>

Cryptocurrency: 3 Coins To Avoid Trading This Month

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